scale to the project before us. and that s true when you go down the line of a lot of stuff that was in that original american jobs plan and compare it to the top line in the bipartisan compromise. but it s a really important first step, chris. and how do we ever make progress if we don t take the first step? these are important historic investments. and being able to actually get this bill passed and signed into law means that money is actually going to go toward encouraging people to drive electric vehicles and making it easier for them to drive electric vehicles. this is the first step. it s not the totality. sure. but it s not wait, wait. it s not the totality of president biden s agenda. he s going to continue to fight for the key piece that s put forward in his in his broader climate plan. he s going to fight for pieces of the american family s plan like the child tax credit and
wants $7.4 billion of federal money just to help him become whole from the covid-19 disaster , and now this. so this is only going to deepen the recession and certainly elongate the tough, tough times throughout our country in these cities so hopefully we will see things calm down soon but this is obviously coming at a very fragile time for our country guys. pete: yeah, this all jedediah: i m sorry, pete. go ahead. pete: we ll play tag here. jedediah: do you think there will be any protections that will come down the pipe for these business owners? you see business owners we ve been interviewing boarding up their own businesses out of fear i just don t understand, if their businesses go up in flames and that s their livelihood how they feed their families will there be any economic, i don t know what, policies put fourth to help these business owners in times of distress and if so what do you think that would look like? maria: well this administration is already working on the
and the smartphone is transforming the annual american ritual of showing your thanks by spending money. shoppers spent a record $7.4 billi $7.4 billion online black friday. $2.9 billion of that was on smartphones. that s the biggest day ever for mobile sales. americans shopping on their phones meant fewer people heading out to physical stores. foot traffic fell 6%. the third year of decline. today s cybermonday is poised to be even bigger. online sales forecast, get this, $9.4 billion. that will be the biggest online shopping day ever. biggest category. online shopping is transforming the retail industry. all investing heavily in ecommerce and it s paying off. and stores now act as pick-up locations for online sales. and also, serve as warehouses for those online orders. but you guys, the american consumer, very confident here. spending money here. stock market up 25%. this year, the job market is strong.
germany. we know how stormy some of those meetings have been when it comes to nato defense spending in the past. dave? contentious couple of days ahead. to money now. the u.s. consumer is a powerhouse and the smartphone is transforming the annual ritual of showing thanks by spending your money. shoppers spent $7.4 billion on thursday and friday. $2.9 billion was on their smartphones. but less fewer people are heading to physical stores. foot traffic fell 6% from last year. that s the third year of decline. cyber monday is poised to be bigger. forecasters put total online sales at $9.4 billion. that would be the biggest online shopping day ever. retailers are changing with more customers shopping online. walmart, target and best buy are investing in ecommerce. it s paying off. it s also transforming the brick and mortar stores.
you will be missed. the u.s. consumer s powerhouse is transforming the showing of thanks by spending your money. shoppers spent $7.4 billion on thursday and friday. $2.9 billion was on their smartphones. but less fewer people are heading to physical stores. foot traffic fell 6% from last year. cyber monday is poised to be bigger. total sales at $9.4 billion. the highest online shopping day ever. retailers are changing with more customers shopping online. walmart, target and best buy are investing in ecommerce. it s paying off. stores act as pickup locations for online orders and serve as warehouses for online orders, as well. accused to call cyber monday a